US BioAmber proposes initial public offering of common stock

14 November 2011 13:14[Source: ICIS news]

LONDON (ICIS)--BioAmber has filed a registration statement for a proposed initial public offering (IPO) of its common stock with financial regulator the Securities and Exchange Commission, the US-based renewable chemicals company said on Monday.

The company said the lead book-running managers for the offering are Goldman Sachs and Credit Suisse Securities.

BioAmber is a next-generation chemicals company and produces bio-succinic acid in what it believes to be one of the world’s largest bio-based chemical manufacturing facilities.